Insider Selling: Centrus Energy Corp. (NYSE:LEU) CFO Sells 1,728 Shares of Stock

Centrus Energy Corp. (NYSE:LEU - Get Free Report) CFO Kevin J. Harrill sold 1,728 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $126.00, for a total value of $217,728.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Centrus Energy Stock Up 0.5%

Shares of LEU traded up $0.74 during mid-day trading on Thursday, reaching $141.74. The company's stock had a trading volume of 276,548 shares, compared to its average volume of 768,670. Centrus Energy Corp. has a 12-month low of $33.51 and a 12-month high of $146.22. The stock has a market cap of $2.38 billion, a PE ratio of 32.02 and a beta of 1.37. The company has a debt-to-equity ratio of 3.09, a current ratio of 2.93 and a quick ratio of 2.46. The company's 50 day moving average is $82.51 and its 200 day moving average is $81.75.

Centrus Energy (NYSE:LEU - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $1.68. Centrus Energy had a return on equity of 84.09% and a net margin of 16.56%. During the same period in the previous year, the firm posted ($0.38) earnings per share. The company's revenue was up 67.3% compared to the same quarter last year. Equities analysts anticipate that Centrus Energy Corp. will post 2.63 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Citigroup assumed coverage on Centrus Energy in a report on Tuesday, March 4th. They issued a "neutral" rating and a $104.00 price objective on the stock. HC Wainwright began coverage on Centrus Energy in a report on Tuesday, February 25th. They issued a "buy" rating and a $300.00 price objective on the stock. Bank of America began coverage on Centrus Energy in a report on Wednesday. They set a "buy" rating and a $160.00 price target on the stock. Evercore ISI began coverage on Centrus Energy in a report on Wednesday, May 14th. They set an "outperform" rating and a $145.00 price target on the stock. Finally, William Blair began coverage on Centrus Energy in a report on Wednesday, May 28th. They set an "outperform" rating on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $146.00.

Institutional Trading of Centrus Energy

A number of hedge funds have recently added to or reduced their stakes in the stock. Nuveen Asset Management LLC lifted its position in Centrus Energy by 0.6% during the 4th quarter. Nuveen Asset Management LLC now owns 29,226 shares of the company's stock worth $1,947,000 after acquiring an additional 188 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Centrus Energy by 77.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 440 shares of the company's stock valued at $29,000 after buying an additional 192 shares during the period. Old West Investment Management LLC lifted its holdings in shares of Centrus Energy by 1.9% in the 4th quarter. Old West Investment Management LLC now owns 10,147 shares of the company's stock valued at $676,000 after buying an additional 192 shares during the period. Summit Investment Advisors Inc. lifted its holdings in shares of Centrus Energy by 16.2% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,399 shares of the company's stock valued at $93,000 after buying an additional 195 shares during the period. Finally, New York State Common Retirement Fund lifted its holdings in shares of Centrus Energy by 4.6% in the 1st quarter. New York State Common Retirement Fund now owns 4,504 shares of the company's stock valued at $280,000 after buying an additional 200 shares during the period. 49.96% of the stock is owned by institutional investors and hedge funds.

Centrus Energy Company Profile

Centrus Energy Corp. supplies nuclear fuel components and services for the nuclear power industry in the United States, Belgium, Japan, and internationally. The company operates through two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.